what is debentures

Answer Posted / kumar ravi

debenture is promise to the debitors by the company when
company doesn't have sufficent amount to run the
business,in this situation company issue debenture
surtificate to the debitors.debenture holders are given
first priority to pay back principal amount with certain
rate to interest.debenture holders are profiter/safer than
share holders

Is This Answer Correct ?    4 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is the use of accounting standards

1451


How to raise my credit score if I have 500 credit score?

1545


how to calculate stt

2165


What is DRA in bank reconciliation.

1474


What is the Formula For Return on Working Capital

1713






what is mean by T and E cosept

1577


What do you mean by Adjustment

1434


Expand--------TOS

1805


what are the payroll procedures?

1759


During Cutover Activities of New SAP Implementing Company what we have upload for Closed Fiscal year (that means Legasy to SAP ) Balance sheet or Trial Balance , What is the difference of the Both?

1499


Interest earned on investments is an__________

1693


if jj form not cancelled within 1hour,wat to do

1163


what is the procedure for issuing th C form

2052


1.explain the accounting concepts ? 2.what are the objectives of preparing a trail balance ?

1494


What is fixed liabilities

1539